- Business
- MEP Infrastructure Developers Limited engages primarily in integrated road infrastructure development in India, focusing on construction, operation, and maintenance of toll roads, highways, and bridges. The company offers a range of core products and services including toll collection, operate-maintain-transfer (OMT) contracts, build-operate-transfer (BOT) projects, engineering, procurement and construction (EPC) services, and road maintenance. It operates across multiple Indian states, including Maharashtra, Rajasthan, and Madhya Pradesh, managing a portfolio with over 222 toll plazas and 1,393 lanes across 15 states. The company also undertakes hybrid annuity model (HAM) road projects. MEP Infrastructure additionally provides ancillary services such as electronic toll collection systems and infrastructure leasing through its subsidiaries, including MEP Highway Solutions Private Limited.
Founded in 2002 and headquartered in Mumbai, India, MEP Infrastructure Developers Limited is a listed company on Indian stock exchanges (Ticker: MEP.BO). Recently, the company has been undergoing the Corporate Insolvency Resolution Process (CIRP) following a National Company Law Tribunal (NCLT) order in March 2024 due to financial distress linked to outstanding dues. Despite these challenges, MEP Infrastructure has actively pursued strategic initiatives, including securing new toll collection contracts and signing Letters of Acceptance for road projects in Rajasthan through RIDCOR Infra Projects Limited in 2023. The company has also been involved in joint ventures and partnerships to undertake multiple road widening and hybrid annuity projects, reflecting a focus on expanding its project portfolio amid restructuring.
Recent operational developments include the submission of a resolution plan to the NCLT in 2025 as part of the insolvency proceedings, ongoing payments restructuring, and maintaining multiple infrastructure projects under the toll management and road construction segments. The company’s continuous execution of long-term contracts with both central and state governments underscores its role as a key player in India's road infrastructure sector, offering comprehensive infrastructure development and toll management services across a broad geographic footprint.
In summary, MEP Infrastructure Developers Limited is a comprehensive road infrastructure developer in India specializing in toll road management, EPC contracts, hybrid annuity projects, and road maintenance with recent strategic movements involving insolvency resolution proceedings and ongoing project acquisitions and partnerships to sustain operations and growth.
This description integrates the company’s main products and services alongside major recent changes focused on financial restructuring, project acquisitions, and operational expansions.